Highland Investment Advisors LLC Invests $7.92 Million in iShares Russell 2000 Growth ETF $IWO

Highland Investment Advisors LLC acquired a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 20,110 shares of the exchange traded fund’s stock, valued at approximately $7,922,000. iShares Russell 2000 Growth ETF comprises about 3.4% of Highland Investment Advisors LLC’s investment portfolio, making the stock its 10th largest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Modus Advisors LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF in the fourth quarter valued at $26,000. Strive Financial Group LLC purchased a new stake in iShares Russell 2000 Growth ETF during the 4th quarter worth about $26,000. Johnson Financial Group Inc. increased its position in iShares Russell 2000 Growth ETF by 500.0% during the 4th quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 75 shares in the last quarter. TD Capital Management LLC acquired a new position in iShares Russell 2000 Growth ETF in the 4th quarter valued at about $30,000. Finally, Ascentis Independent Advisors purchased a new position in iShares Russell 2000 Growth ETF in the 1st quarter valued at about $32,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

iShares Russell 2000 Growth ETF stock opened at $377.54 on Friday. The stock has a market capitalization of $14.57 billion, a P/E ratio of 21.86 and a beta of 1.19. iShares Russell 2000 Growth ETF has a 12-month low of $299.64 and a 12-month high of $396.69. The firm’s 50-day moving average is $382.68 and its two-hundred day moving average is $361.75.

iShares Russell 2000 Growth ETF Profile

iShares Russell 2000 Growth ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.